This includes:
1.2.2 Business ownership
• the main features of different types of business ownership: sole traders, partnerships, private limited
companies, public limited companies, franchises, co-operatives, joint ventures and social enterprises
• the appropriateness of different types of business ownership
• the concepts of unlimited liability and limited liability and their importance
• the advantages and disadvantages of changing from one type of business ownership to another
Minimum Time = 1 hour 40 minutes!
